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Binance Smart Chain (BEP20) VS APTOS Network

Binance Smart Chain (BEP20) VS APTOS Network

How does it feel to transfer money/assets to various places in the world without being restricted by the limitations that exist in traditional finance today (Bank/third party)?

For those who have ever transferred money overseas for their children’s tuition fees or cross-border project payments, of course, we need transfers that can arrive in a matter of minutes and also with minimal transfer fees. For those who have used overseas transfer services through banks / third parties, of course, time and cost will be a big obstacle.

Now, here is the role of Cryptocurrency can be a solution to the above problems. Crypto, which is built on a blockchain network, is certainly a scourge for people who feel clueless, but in principle, this transfer process is the same as interbank transfers (it’s just that here it doesn’t use a third party).

I am not here to explain Blockchain technology or a list of layer 1 networks that are commonly used to transfer assets across space and time, I am here to share what networks I often use to transfer assets in Crypto.

For me, the Gas Fee (transfer fee) network and the speed of confirmation/validation are very important in carrying out transfer activities.

Until now, I have liked to use the network below to transfer crypto assets:

  1. Binance Smart Chain (BEP20)

  2. APTOS Network

The two networks above can provide gas fees (transfer fees) up to 0 Rupiah, or if there is a fee of around 0.01 USD (160 rupiah), just adjust which of the two is the cheapest if you are going to make a transfer/withdrawal.

For Binance Smart Chain, execution time is around 1–4 minutes, and APTOS around 2–4 minutes, amazing, isn’t it? This is the future technology that will replace traditional finance in the future.

Hopefully, in the future, there will be more networks that can reduce gas fees (transfer fees) to 0 so that the adoption of blockchain technology through cryptocurrency can continue to grow throughout the world.

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#Blockchain #Web3 #Cryptocurrency #BinanceSmartChain #Aptos #BEP20 #Crypto